SPY Advance - Decline data for 2014 through 2016 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016

SPY 680.44

+0.6%

Dec 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rimshot who wrote (433)	5/1/2021 12:21:34 PM
From: rimshot	Read Replies (1) of 1118

$SPX daily with 63,2 Bollinger Band and with Carl Swenlin's ITBM ( net A-D Breadth Momentum ) and ITVM ( net A-D Volume Momentum ) and with Carl's Price Momentum Oscillator - stockcharts.com S&P 500 index ITVM ( Volume Momentum ) by Carl Swenlin moving sideways all of April 2021 is an important red flag that calls attention to this high-priority vigilance item going forward .. the ITVM is eventually going to choose a direction * ITBM is customarily maximum over bought in the plus 200 to 233 region, over the decades $SPX daily displaying 3.5 years history for PMO, ITBM and ITVM - stockcharts.com ITBM explained - school.stockcharts.com ITVM explained - school.stockcharts.com ============================= The following is a quote from a 2004 Ned Davis Research study: "Nearly all cyclical market peaks have negative breadth divergences, which means that when the stock market prices hit new cyclical highs, the Advance/Decline Line, new highs, and/or volume had peaked earlier. The trick is to know when the divergences are meaningfully bearish. Most technicians say they are meaningful after some 3-6 months, but the lead time was a year in 1928-1929, and two years in 1998-2000; therefore, I find an arbitrary time limit unsatisfying." They studied the NYSE AD Line relative to it's 32 week MA from 1965-2004 and concluded that: when the AD Line is above 104% of it's 32WMA, the NYSE Composite has gained at an annual rate of 19.9% on average when the NYSE AD Line is below 97% of its 32WMA, the NYSE composite declined at an annual rate of -14.8% on average ============================ among others, the $NYUD and $NAUD cumulative versions merit close examination as the weeks progress - technicalwatch.com Dave Breslaw updates this chart set every weekend, in most cases

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next